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-In the Production Possibilities Frontier Depicted in the Figure Above

Question 22

Multiple Choice

  -In the production possibilities frontier depicted in the figure above, what is the opportunity cost of increasing the production of bananas from two million pounds to three million pounds? A)  1/2 hat per pound of bananas B)  1 hat per pound of bananas C)  2 hats per pound of bananas D)  3 hats per pound of bananas
-In the production possibilities frontier depicted in the figure above, what is the opportunity cost of increasing the production of bananas from two million pounds to three million pounds?


A) 1/2 hat per pound of bananas
B) 1 hat per pound of bananas
C) 2 hats per pound of bananas
D) 3 hats per pound of bananas

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